Acres: 4.05
Size: ±4.0562 acres. The Property is approximately 430’ x 410’
Property: The Property is perfectly located at an existing median break on Parmer Lane, which is a potential future lighted intersection with Yager Lane.
There are three main structures on the Property, all leased and income producing.
Area Activity: The Property is in the middle of tremendous growth, with more than 3,500 apartment units planned or built within walking distance. Located at the NEC of Parmer Lane and Yager Lane, the Property is across from:
• NWC – EastVillage, a $1 billion mixed use project on 425-acres featuring 2,000
apartment units, 466 homes, 810,000sf of office, 223,000 sf of retail plus
another 96,000 sf of restaurant space, grocery store, movie theater, and three
hotels with 390 rooms. Article.
• SEC – Legacy Partners is developing Camber Ranch on Parmer, a 483-unit
apartment community on 35 acres.
• SWC – 68 acres was purchased for a future project to include apartments and
commercial.
The Property is only ½-mile from Samsung, which employs nearly 9,000 people, and acquired an additional 258 acres in late-2020 for future expansion.
Applied Materials and its 3,200 employees is only 4 minutes from the site.
Just 3 miles west, Karlin is building Parmer Austin, home to more than 1.2M sf of
office space on 300-acres. Companies such as General Motors, 3M, and HID Global
are in Parmer Austin or in close proximity.
Zoning: Austin ETJ
Utilities: Water City of Austin, Wastewater Septic
Floodplain: None
Asking Price: Call broker.
